1997 BUDGET - Laserfiche WebLink

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General Fund Revenue (con't) Administrative Fees - Boulder County Use Tax - As agent for the County, the City assumes responsibility for and agrees to collect, administer and enforce the county wide use tax of .35 percent. The City retains 5% of the receipts collected. The anticipated revenue for 1997 is $3,500. Unclassified Charges & Services - These revenues include funds which can not be categorized into a specific line item in our budget. For example, city maps, xerox copies, police reports, search fees, return check fees and standards and specifications. Charges vary according to revenue item. Based on historical trends, revenues for this source are estimated to be $20, 000. Recreation Fees - The City's Park & Recreation Department collects a number of user fees. Collections include concessions and merchandise, swimming pool fees, recreation center and admission fees, fees for classes provided by instructors, fees for youth and adult sports, senior program fees, court fees, photo identification fees, and child care fees. Recreation user fees for 1997 have been increased by an average of 3.5% and are budgeted at $1,151,696. Fall Festival and Fourth of July - Each year the City underwrites the costs of theses events. Donations are received from various sponsors, budgeted in 1997 at $17,000. Fines and Forfeitures Court Fines - These revenues 52 include funds received by the City through its Municipal Court for traffic violations and municipal code violations. Court fines are projected at $100,000 for 1997. Library Fines - These revenues include funds received by the City for overdue library books and videos. Library fines for 1997 are budgeted at $15,500. Miscellaneous Interest Earnings - Interest earnings results from pooled investments. Interest earnings are estimated based on 1997 revenues and 1997 beginning and ending balances. $53,000. Rentals - These revenues include fees that are charged for the use and rental of City owned buildings. $40,500. Other Financing Sources Transfers In - Transfers include in - lieu -of -tax transfers from utility services, which are comparable to franchise fees charged to private utilities. The general fund also receives General and Administrative (G & A) transfers from other operating funds to cover costs incurred within the General Fund as a result of normal ongoing business which relates to activity and effort on behalf of the other funds. Transfers for fiscal year 1997 include $15,000 from the Cemetery Fund; $300,000 from the Conservation Trust -Land Acquisition Fund; $48,000 from the Water Utility Fund; and $16,000 from the Sewer Utility Fund.